ECONOMIC POLICY OF DEVELOPED MARKET ECONOMIES TOWARDS PUBLIC COMPANIES

Public companies perform their economic duty of public interest which hasbeen defined by the Law on Public Companies and other, similar laws orregulations, whereas state companies are in the possession of the state and theyperform any kind of duty. The most important characteristic of public companies isthe production and distribution of essential goods of great importance for theeconomy and society. In this paper, the author pays special attention to the processof public company privatization in the developed countries of the world, namely inGreat Britain, France and the United States of America.